CFA, Inc Closes Another SBA Business Loan in Maryland

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Commercial Finance Advisors, Inc is pleased to announce the recent closing of another SBA business loan near Baltimore, Maryland. The transaction was a refinance with a total loan amount of $983,000.

SBA business loans have many advantages than other comparable commercial mortgages. The two most significant aspects are the reliability of the loan actually closing and secondly that they have the highest level of financing in the business.

Commercial Finance Advisors, Inc is pleased to announce the recent closing of another SBA business loan near Baltimore, Maryland. The transaction was a refinance with a total loan amount of $983,000. It was amortized on a 25 year schedule with a rate fixed for 3 years at 6%. The rate is on a rare, reset program, which means that it refixes itself every 3 years without it having to be refinanced in the future. The loan has no balloon.

"SBA business loans have many advantages than other comparable commercial mortgages. The two most significant aspects are the reliability of the loan actually closing and secondly that they have the highest level of financing in the business." Comments the originator on the loan, Jeff Rauth.

"These two points are huge. Most borrowers have no idea how bad it is on the conventional side of the business. The secondary market dead so the only conventional loans available are from banks that will hold onto loans on their balance sheets. As you may guess they are extremely demanding and conservative. In contrast, SBA 7a loans are backed by the government so the funding banks are still willing to be aggressive."

SBA business loans provide the highest level of financing in the market today. As property values continue to decline, this feature saves many transactions from being declined.

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